Investment objectives ( this Fund is currently suspended)
- The investment objective is to acquire and trade the property interest in outstanding life insurance policies issued primarily in the United States.
- The maturity of these life policies can reasonably be ascertained.
- The sellers of the life policies are given the opportunity to unwind their long term investment
- Target a consistent total net return of 9%-10% per annum
- The fund size is circa US$928,872,218, Total Sum Assured circaUS$1,569,336,368
- 704 polices held by the fund and Policies have been issued by 88 Life Companies
- Average original life expectancy 51 months
- Policies matured 222 generating US$296m in cash
- Weighted average current life expectancy 28 months
- More than 95% of NAV of life policies with life companies whose AM Best rating is at least A
- Average policy size US$2,229,171
- Weighted average age 83.26 years
For further information such as :-
- Investment strategy
- Performance statistics
- Factsheets and brochures
Visit : www.riverstoneas.com
For current fund performance download the latest fact sheet below.
